Tag: Economy

European stocks rebound before US jobs data

The European single currency jumped to $1.2285 from $1.2178 late on Thursday…

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Geithner visit to Germany sparks euro hopes

Brelin (AFP) — The top US finance official began meetings with his…

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IT idea incubator targets launching 20 companies annually

By Mohamed Alaa El-Din   Flat6Labs has marketed five companies from among…

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EGX30 jumps nearly100 points

By Fatheya El-Garhy The market has reacted positively to the decision to…

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Customs to impose stricter oversight on maritime ports

By Islam Zayed The Egyptian Customs Authority (ECA) recently scrutinised the status…

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Israel to vote on sweeping austerity measures

(AFP) - Ministers in Israel’s cabinet were on Monday preparing to vote…

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Steel price to be fixed in August to EGP 4,450 per tonne

Since the beginning of this month, international prices for steel have not…

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Real estate companies on involuntary Ramadan hiatus

By Hamada Ismail With Ramadan falling during the summer this year, real…

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Outgoing Finance Minister blames economic ills on Egyptians

Egypt's Minister of Finance Saeed El-Momtaz denies rumors about remaining in his…

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Luxury goods buck economic slowdown

Paris (AFP) — Fuelled by surging demand in China, luxury goods makers…

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